324 E Main St E Pending

Buena Vista,CO 81211

$ 589000

0 Bed

0 Bath

336 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 336 sqft

Price per Sqft $1,752

MLS Listing ID 9108709

Style Cottage/Bung,Ranch

Year Built 1900

Annual Tax Amount $1,468

Lot Size 4,791 Sqft

Property Description

Discover a rare and exciting opportunity in the heart of Buena Vista's bustling downtown district! Located on Main Street, this vacant lot is perfectly positioned for commercial or mixed-use development. Here's why this property is a must-see for savvy investors: Central Location: Nestled in the rapidly growing downtown area, this lot offers prime visibility and accessibility on Main Street, making it ideal for businesses looking to thrive in a vibrant community. Development-Ready: A 4" DIP water line is already installed, fully accommodating a fire suppression system for any future commercial development, ensuring safety and compliance from the start. Opportunity Zone Benefits: Take advantage of the Colorado Opportunity Zone Program, which provides significant tax incentives, including favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains. This is a unique financial benefit that enhances the appeal of your investment. Current Tenants: The Main Street frontage is leased to a popular food truck vendor until October, bringing steady foot traffic to the location. At the rear of the lot, a worn 336-square-foot residence is leased on a month-to-month basis, offering flexibility and additional income. Please note, a 24-hour notice is required to view the interior. If you're seeking a prime commercial investment in downtown Buena Vista, don't miss out on this property. Seize this chance to be part of a dynamic and growing community-schedule your viewing today!

Location

State CO

County Chaffee

Area Out Of Area

Zoning MU-MX Mixed use

Exterior

Garage Spaces 2.0

Utilities Available Electricity Available

Waterfront false

View City

Roof Type Composition

Building

Lot Description Level,Historic District

Story 1

Sewer City Sewer,Public Sewer

Water City Water

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Avery Parsons

Middle Schools Buena Vista

High Schools Buena Vista

School District Buena Vista R-31

Others

Special Listing Condition Private Owner

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